Frederick is a somewhat small town located in the state of Colorado. With a population of 17,158 people and seven associated neighborhoods, Frederick is the 39th largest community in Colorado. Much of the housing stock in Frederick was built relatively recently. The construction of new real estate can often be taken as an indication that the local Frederick economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Frederick, where the median household income is $128,078.00.

Housing costs in Frederick are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.

Also of interest is that Frederick has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Frederick telecommute to their jobs. Overall, about 15.28% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Frederick is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Frederick’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

One downside of living in Frederick, however, is that residents on average have to contend with a long commute, spending on average 32.50 minutes every day commuting to work.

The citizens of Frederick are very well educated compared to the average community in the nation: 36.27% of adults in Frederick have a bachelor's degree or even advanced degree.

The per capita income in Frederick in 2022 was $48,627, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $194,508 for a family of four.

Frederick is a very ethnically-diverse town. The people who call Frederick home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Frederick residents report their race to be White, followed by Asian. Frederick also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 16.16% of the town’s residents. Important ancestries of people in Frederick include German, English, Irish, Italian, and Norwegian.

The most common language spoken in Frederick is English. Other important languages spoken here include Spanish and Miao/Hmong.